In blank sheet of paper journal entry assignments, you may not copy and paste from the chart of accounts. This statement is true.
What is a journal entry?
All company transactions and events are recorded in the accounting system using journal entries, which are the first phase of the accounting cycle. As business events occur during the accounting period, journal entries are made in the general journal to show how the event affected the accounting equation. QuickBooks needs a "customer" to be connected to the Journal Entry in order to produce one that affects the account. Customer "Adjustment" was thus born.
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In a cease and desist order by the FTC, an advertiser agrees voluntarily to stop running the ad but doesn't have to admit any guilt or wrongdoing.True or False
The given statement exists true. A cease-and-desist order from the FTC requires the advertiser to voluntarily stop running the advertisement but does not require them to confess any misconduct or guilt.
What is a cease and desist order FTC?Orders to Cease and Desist: A cease and desist order is the standard administrative remedy in matters involving advertising. The order has two goals: to stop the suspected criminal behavior and to stop other people from breaking the law in the future.
According to the law, assertions made in advertisements must be true, not unfair or deceptive, and supported by facts. Additional regulations can be necessary for some specific goods or services.
The Cooling-Off Rule permits customers three days to return anything they buy from salesmen who visit their homes; the customer must be informed verbally and in writing that the sale can be canceled.
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The traditional income statement uses which of the following cost categories? Variable expenses and fixed expenses. Cost of goods sold and fixed expenses. o Operating expenses and selling and administrative expenses. Cost of goods sold and selling and administrative expenses.
A traditional income statement, also referred to as a profit and loss statement, reveals whether a business is profitable or not within a specific accounting period.
What is traditional income statement?An accounting document called an income statement lists all of a company's earnings and outlays for a certain accounting year. One type of income statement that provides specific information about the company's financial health is the traditional income statement, also known as the absorption costing income statement. A classic income statement, often called a profit and loss statement, demonstrates the degree to which a business is profitable or not over the course of a specific accounting period. It gives an overview of the company's revenue and spending sources, including operating and non-operating operations.
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Assume that from 2020 to 2021, Panem’s GDP grows by 16.00% and that the population of Panem grows from 200 to 212.00.
Answer:
6.00%
Explanation:
Calculate the population growth rate from 2020 to 2021.
The population growth rate can be calculated as follows:
((212.00 - 200) / 200) * 100 = 6.00%
So, the population of Panem grew by 6.00% from 2020 to 2021.
George is often worried about the changes his company undergoes, and as a result, when he hears about a change, he responds by using behaviors he has used frequently in the past. For which of the following changes might this response be useful? Check all that apply.
-When the company changes the way absences are recorded in the existing timesheet software
-When the company implements a new calendar for annual holidays
-When the company implements a new sales model that requires all salespeople to change the products they have been selling over the past two years
-When the company announces a major reorganization, including offshoring and new task responsibilities for all employees
The following changes which George's answer might be helpful are:
When the company announces a major reorganization, including offshoring and new job responsibilities for all employeesHow to deal with organizational changes?It is necessary for the manager to be aware of the impact that changes may have on his team, and thus to develop behavior and techniques that help build confidence, motivation and reduce employee resistance.
So when George responds to a change using behaviors he has used in the past, he aims to adapt his team, establish trust and smooth the impact of the changes might have.
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three of the following options are required for any non-columnar records system that keeps track of trust accounts. which of the options listed here is not a requirement?
Three of the following options are required for any non-columnar records system that keeps track of trust accounts. An owner's ledger listed here is not a requirement.
What is mean by owner's ledger?
The double-entry accounting system of a business is built on the general ledger.
All transaction information required to generate the income statement, balance sheet, and other financial reports is contained in general ledger accounts.
Transactions recorded as journal entries to sub-ledger accounts are compiled into general ledger transactions.
Every general ledger account and its balance are shown in the trial balance report, which makes it simpler to review changes and track out problems.
The system used by accountants to store and arrange financial information needed to produce the company's financial statements is built on the general ledger. According to the company's chart of accounts, transactions are posted to certain sub-ledger accounts.
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which one of the following statements does not describe a problem with using roe as a performance measure?
Business decisions span the past and present, while ROE is a one-period statistic that is forward-looking.
What is ROE?
A measurement of a company's profitability in proportion to equity is called return on equity (ROE). ROE can also be viewed as a return on assets with fewer liabilities because shareholder's equity can be computed by adding up all assets and deducting all liabilities. The return on equity (ROE) estimates how much profit is produced for every dollar of shareholder stock. The return on equity (ROE) measures how well a company turns its equity into earnings.
Particularly for assessing the performance of businesses in the same industry, ROE is used. An ROE is a metric for management's capacity to generate income from the equity at its disposal, similar to return on capital. ROEs of 15% to 20% are typically seen as favourable.
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What is an advantage of using checks compared to other forms of payment?
A. They require both parties to agree on a price.
о
B. They are a convenient way to pay bills by mail.
C. They can be processed more quickly.
D. They are accepted by more retailers.
SUBMIT
It is less expensive to use assessments for payments than to use cash orders. eight Checks help you maintain track of your money. Your bank will return your cancelled assessments or a list of cancelled checks.
What is take a look at what is advantage of using a cheque for payment?A cheque is a monetary file that orders a bank to pay a unique quantity of cash from a person's account to another individual's or company's account in whose identify the cheque has been made or issued. The cheque is utilised to make safe, secure, and handy payments.
What is the greatest gain of checks?Greater flexibility for payments
Not all and sundry can receive electronic payments. While some see cash as an effortless option, going returned to our last two points, exams are a safer way to pay – and are just as effortless as paying cash. Be positive who or where you are paying your check to take delivery of them first, though.
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Assume that you are the accountant for Computer Consultants. Prior to this year, Computer Consultants operated out of a leased office. However, the company purchased its own office building this year. The building is in an area where real estate values have been increasing an average of 6 percent per year. The owner of Computer Consultants has asked why you recorded depreciation on the building if real estate values are appreciating. Write a response to the owner explaining why depreciation must be recorded on the company’s accounting records.
Answer:
However, the company purchased its own office building this year. The building is in an area where real estate values have been increasing an average of 6 ...
Explanation:
to build trust within an organization, decision making must be which of the following? (choose every correct answer.)
Decision-making inside an organization must be open, based on a shared conscience, and documented in order to foster trust.
The act of selecting one course of action over two or more is the definition of decision-making in its most basic form. Choosing between potential solutions to a problem is part of the larger problem-solving process. Either an intuitive or logical method or a combination of the two can be used to make decisions.
Any decision, whether it be made on a personal or organizational level, must be able to be put into action. Therefore, you must personally support the choice and be able to convince others of its validity. Because of this, a good decision-making process must guarantee that you can.
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Which of the following represents the most significant risk to companies using a mass-marketing approach? They may lose customers who feel that mass marketers are invading their privacy.They may not realize economies of scale. They may overemphasize the benefits of customized products They may lose customers to niche marketers They may lose customers to international marketers. They may lose customers who feel that mass marketers are invading their privacy
They may lose customers to niche marketers represents the most significant risk to companies using a mass-marketing approach.
What is niche marketing?
A marketing strategy known as "niche marketing" focuses on a specific, distinct market area. A company can learn what the client wants when it understands what the consumer requires and then seeks to offer a better solution to a problem that was not previously provided by other businesses. This is frequently how niche markets are created. A niche market involves a particular target demographic and a specialized offering, not necessarily a tiny market. The practice of developing assets that appeal to your audience is known as niche marketing.
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brandon, a trader at the new york stock exchange (nyse), executes the decisions made by investors and takes action based on requests by different buyers and sellers in the market.
On behalf of the investors, a trader must carry out the process of purchasing and selling stocks.
Which of the following best sums up an investor at the margin?
A marginal investor would increase her stock purchases if the price dropped slightly, sell more shares if the price increased slightly, and hold onto her current position unless something changed. To identify capital expenditures, estimate cash flows from proposed capital projects, compare planned investments with predicted income, and choose projects for the capital budget, investing and capital budgeting are two activities in corporate finance that use financial accounting tools
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the value of a commodity derives not from the time which individual laborers spent making it but from the average socially necessary labor time
In an early attempt to explain why goods were traded for particular relative prices on the market, economists developed the labor theory of value (LTV).
According to the labor theory of value, if two commodities embody the same amount of labor time, they will trade for the same price; otherwise, they will exchange at a ratio determined by the relative differences between the two labor times. For instance, the exchange ratio would be two beavers for one deer if it takes 20 hours to hunt a deer and 10 hours to trap a beaver. In this early stage, the economy consists solely of self-producers who all have access to the necessary resources, machinery, and tools.
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he FTC's advertising substantiation program, set up in the 1970s, requires that documented evidence supporting any claims is made available to consumers, and that such evidence provides a "reasonable basis" for believing that the claims are true. (True or False)
The FTC's advertising substantiation program, set up in the 1970s, requires that documented evidence supporting any claims is made available to consumers. It is true.
What is advertising?
The strategies used to promote a product or service are referred to as advertising. Advertising aims to draw consumers' attention by emphasizing a product or service. It is frequently used to advertise a particular product or service, but there are many other applications as well, with commercial advertisement spaces being the most prevalent. Through "branding," which links a product name or image with particular traits in consumers' minds, commercial advertising frequently aim to boost consumption of their goods or services.
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apex enterprises meticulously follows all laws and regulations and attempts to satisfy ethical requirements but it does not address social or environmental issues unless it is persuaded to do so
This would suggest that the company has adopted a(n) accommodative stance on social responsibility.
What distinguishes social issues from environmental issues?
The primary focus of environmental justice is on the potential impacts, both favorable and unfavorable, that various environmental issues may have on people and communities. Fair treatment of persons and groups is the goal of social justice.
An organization that takes an accommodating position will uphold its legal and moral obligations while also acting further when convinced to do so.
Therefore, This would imply that the business has taken a(n) accommodating position on social responsibility.
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Irene is saving for a new car she hopes to purchase either two or four years from now. Irene invests $21,250 in a growth stock that does not pay dividends and expects a 8 percent annual before-tax return (the investment is tax deferred). When she cashes in the investment after either two or four years, she expects the applicable marginal tax rate on long-term capital gains to be 25 percent.
A. What will be the value of this investment two and four years from now?
Value of the investment in 2 years $
Value of the investment in 4 years $
B. When Irene sells the investment, how much cash will she have after taxes to purchase the new car (two and four years from now)?
Cash available in 2 years $
Cash available in 4 years $
A) The value of this investment two and four years from now will be $24,786 in 2 years and $28,910.39 in 4 years. B) She will have $23,902 of cash in 2 years and $26,995.29 in 4 years.
What is an easy way to define investment?A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.
Which definition of investment is the best?A purchase made with funds that have the potential to generate income or a profit is referred to as an investment. Investments are not things that depreciate with time and with use naturally. An investor is a person or organization that invests money in order to generate income or make a profit.
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What kind of information would you need to have to be able to put together a table like to present to the steering committee? How much of that information is objective? Subjective? Justify your answer.
One will need to know how many projects were finished on schedule, how many were finished on budget, how many were finished within range, and how many enterprises met or surpassed goals.
What is information?Knowledge acquired by study, discussion, research, or education is referred to as information. Information is the interpretation of those elements of knowledge, whereas data is the particular measurements, figures, or diagrams.
It would consist of objective information.
One would also require to know how many projects were canceled, how many projects were over budget, as well as how many projects exceeded their scope, and how many projects fell short of expectation.
The data he provided would be subjective.
This information would be unbiased. The team's overall record will also need to be gathered as information.
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elyse recently accepted an entry level position at a social media marketing company but was able to get her company to invest in a new staffing initiative she created by presenting and justifying her idea. this example best illustrates which of the following benefits of developing an entrepreneurial mindset?
This scenario best demonstrates the advantages of having an entrepreneurial attitude for leading when you are not a leader.
What is a mindset of an entrepreneur?Entrepreneurs support economic growth, generate employment, and produce new goods and services that can improve the world. A great entrepreneur needs to have big ideas and think outside the box. Anyone can have an idea, but the entrepreneurial challenge is in turning that idea into a profitable business.
The entrepreneurial mindset is distinctive in that it requires high levels of motivation, creativity, and communication while also being risk- and failure-tolerant. Big ideas by themselves do not necessarily pave the way for successful entrepreneurship in the end. Often, the traits of the entrepreneur themselves determine whether a business succeeds or fails.
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recruiting and developing salespeople who understand diverse cultures, languages, and business practices is a salesforce response to which of the following issues?
A salesforce answer to complexity constraints is to hire and train salespeople who are versed about many cultures, languages, and corporate practices.
Why do people recruit?
The recruitment process entails locating, screening, recruiting, and ultimately onboarding qualified job candidates. Identification, attraction, interviewing, selection, employment, and onboarding of personnel are all parts of the recruitment process. In other words, it spans everything from spotting a manning need through resolving it. Recruitment, a key corporate strategy, is required to find the best candidate for the job. After then, this person starts working for the company. Most of the time, more than one individual is not necessary for recruitment. A group that disregards the hiring process is an alternative. Creating a big pool of qualified candidates is the goal of recruitment.
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which of the following are the advantages of corporate strategic planning when compared with business unit planning and functional planning?
1) The administration come to be pretty inflexible in this planning. 2) It's pretty a time ingesting process. 3) The man or woman hobby in the planning may additionally ruined the total objectives. 4) The corporate planning primarily based on future forecast which might also sometime be wrong.
What is the motive of corporate strategic planning?The motive of strategic planning is to set overall goals for your commercial enterprise and to increase a design to acquire them. It involves stepping again from your daily operations and asking where your commercial enterprise is headed and what its priorities have to be.
Corporate planning has two necessary factors – (i) Long time period targets and goals and (ii) structural modifications in the organisational structure. Tactical planning does now not fulfil any of these two conditions. It may also be cited as the quick term procedures to assist comprehend the long term goals and desires of the corporation.
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https://brainly.com/question/11534641#SPJ4Several factors that are probably more important to an explanation of differential economic growth rates over time than culture include: a) religion. b) political systems. c) physical geography. d) gender regional affiliations.
The Department focuses on three key, connected areas: It gathers, produces, and analyzes a variety of economic, social, and environmental data I
What is implied by the concept of bounded rationality?According to the premise of constrained rationality, people should utilize a rule of thumb and a straightforward process to decide rather than carefully considering all of their options. Additionally, it implies that the same approach may be applied despite changes to the context in which decisions were made.
What is the implication of the rationality hypothesis?According to the presumption of rational behavior, people will choose to do things that will help them above those that will be either neutral or harmful to them. The majority of traditional economic theories start from the premise that every participant in an
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If a CEO orders his managers to significantly increase production with a minimal increase in cost, which of the following outcomes is most likely?
a. Managers will use sweatshops to achieve the CEO's goal
b. Managers will establish a higher standard of safety.
c. Managers will produce products of higher quality.
d. Managers will use inspirational methods to motivate employees.
Sweatshops will be used by managers to further the CEO's objectives if the CEO instructs them to considerably boost production while increasing costs only somewhat.
The most senior employee of a corporation is the chief executive officer (CEO). Despite the fact that each firm is unique, CEOs are frequently in charge of expanding the company, increasing profitability, and, in the case of corporations that are publicly listed, increasing share prices. CEOs are in charge of all business operations. Of course, a CEO's main objective is to ensure the expansion, prosperity, and sustainability of the company they lead. He is primarily responsible for deciding and disclosing the company's major strategic directions.
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the newsletters published by banks in early modern europe typically contained which of the following?
In early modern Europe, banks would produce newsletters that would typically include reporting on prices, political events, and information about commodity demand.
What is commodity demand?
A resource that has full or moderate fungibility qualifies as a commodity. This indicates that regardless of who produced an instance of the good, the market views them similarly or almost equally. A commodity good's pricing is often based on the market as a whole; for instance, actively traded spot and derivative markets exist for well-established physical commodities. Smaller profit margins and a reduction in the significance of factors besides price (such as brand name) are often results of the abundance of commodities. The majority of commodities are raw materials, essential resources, agricultural, or mining items like sugar, iron ore, or grains like rice and wheat.
As an example, chemicals and computer memory are both mass-produced, non-specialized commodities.
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Complete question
the newsletters published by banks in early modern europe typically contained which of the following?
in year 1, a company reported in other comprehensive income an unrealized holding loss on an investment in available-for-sale debt securities. during year 2, these securities were sold at a loss equal to the unrealized holding loss previously recognized. the reclassification adjustment should include which of the following?
the unrealized loss should be credited to the other comprehensive income account.
A mutual fund or exchange-traded fund (ETF) that prioritises current income over capital gains or appreciation, on a monthly or quarterly basis, is known as an income account. These funds often invest in a range of dividend-paying equities, preferred shares, money market instruments, and obligations issued by governments, municipalities, and corporations. Mutual funds and ETFs that focus on current income, frequently in the form of investments that pay dividends or interest, are known as income funds. Along with preferred shares and dividend equities, income funds may also invest in bonds and other fixed-income instruments. Compared to funds that focus on capital gains, income funds are frequently thought to be lower risk. There are many different types of income funds. The main difference is in the kinds of assets they invest in to make money.
the complete question is:
in year 1, a company reported in other comprehensive income an unrealized holding loss on an investment in available-for-sale debt securities. during year 2, these securities were sold at a loss equal to the unrealized holding loss previously recognized. the reclassification adjustment should include which of the following?
Group of answer choices
i) The unrealized loss should be credited to beginning retained earnings.
ii) The unrealized loss should be credited to the other comprehensive income account.
iii) The unrealized loss should be debited to the other comprehensive income account.
iv) The unrealized loss should be credited to the investment account.
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indicate how to increase and decrease each account listed below by selecting debit or credit. revenues
Revenue is not increased using debits or credits. Revenue is increased by increasing sales or reducing expenses. Debits and credits are used to record the increase or decrease in revenue that occurs when sales are made or expenses are paid.
What do you know about Revenue?
Revenue is the income that an organization or individual receives from their business activities, investments, and other sources. It is the total amount of money that the company earns before subtracting expenses. Revenue is the first line item that appears on an income statement, and it can be further broken down into different types such as sales, investment income, and royalties. Revenue is an important indicator of a company’s performance and can be used to compare the performance of different companies. Companies may also use revenue to finance operations and pay for expenses. Revenue is also used to calculate a company's profit margin and its return on investment.
Debits and credits are used to record the increase or decrease in revenue that occurs when sales are made or expenses are paid.
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A mother, aged 60, wishes to withdraw monies from her variable annuity to pay for her son's college education. Which statement is TRUE regarding the taxation of the withdrawal?
A
The withdrawal is 100% taxable and is also subject to a 10% penalty tax
B
The withdrawal is 100% taxable
C
The withdrawal is partially taxable; and a partial tax free return of invested capital
D
The withdrawal is not subject to tax
The woman is older than 5912 years old at 60. If she was younger than 60, a 10% penalty on the taxable portion of this withdrawal would be required. d) The following elements make up taxable salary income for the year.
What does it mean to feel withdrawal symptoms?
(with-DRAWL) a term used to characterise the physical and psychological symptoms of abruptly quitting or cutting back on the use of an addictive substance, such as alcohol, nicotine products, or opiates and opioids.
She withdrew funds from her bank account. He sought treatment for his withdrawal from heroin there. She experienced nicotine withdrawal symptoms as soon as she gave up smoking.
The Middle English origins of the phrases withdraw and withdrawal (with - "away," draw - "take").
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Land is specific to good A and capital is specific to good M. Suppose that the price of good A relative to good M rises after opening to trade. The welfare effect on capital is ____, on labor is ____, and on land is ____.apositive; negative; ambiguousbambiguous; positive; negativecnegative; ambiguous; positivedpositive; ambiguous; negativeepositive; positive; positive
Land is specific to good A and capital is specific to good M. Suppose that the price of good A relative to good M rises after opening to trade. The welfare effect on capital is positive, on labor is ambiguous , and on land is negative.
Capital, which is unique to good M, will experience a decline in demand and an increase in its relative price as the price of good A relative to good M rises. The wellbeing of capital will suffer as a result of this. Since both items are produced by work, the impact on labour is uncertain and will depend on how much one good's demand varies compared to the other. Since land is unique to item A, a rise in the price of good A will raise demand for land and have a beneficial impact on the welfare effect of land. In general, the increase in the price of good A will benefit land while harming capital.
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Which of the following industries is most likely to be characterized as concentrated with strong pricing power?
A. Asset management
B. Alcoholic beverages
C. Household and personal products
Alcoholic beverages industries are most likely to be characterized as concentrated with strong pricing power. The alcoholic beverage business is consolidated and has significant pricing power, as seen in Exhibit 4.
What are Alcoholic beverages?
Alcoholic beverages are a diverse category of drinks with varied alcohol content (ethanol). Beer, wine, China rice wine, and distilled spirits including brandy, whisky, rum, gin, cognac, vodka, tequila, and China distilled spirit are among the alcoholic beverages that are manufactured on a large scale. Alcoholic beverages contain a complex mixture of about 1300 chemicals, which have been found in a variety of drinks. Each alcoholic beverage's ingredients can be classified as major, minor, or trace elements. The two main ingredients are typically ethanol and water.
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From the list below, select the items that are classified as a materials activity. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Raw materials used Raw materials beginning inventory 2 Raw materials purchases Work in process beginning inventory 2 Goods manufactured Direct labor used Factor overhead used
Choose the things that are considered materials activities from the list below. (You are allowed to choose more than one reply. To answer the question, simply click the box.
What other words might you use to describe considered?
Contemplate, study, and weigh are a few verbs that are frequently used as synonyms for consider. Consider may imply giving anything some thought in order to come to an acceptable conclusion, opinion, or decision, even if all of these terms indicate "to think about in order to form a judgment or decision."
How would you use the word considered?
She declined to take my request into account. He gave switching careers significant thought. The jury deliberated on the evidence before rendering a decision. The policy was thoroughly thought out and investigated.
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Timely Transport provides local delivery service for a number of downtown and suburban businesses. Delivery charges are based on distance and weight involved for each delivery: 22 cents per pound and 17 cents per mile. Also, there is a $27 handling fee per parcel. a. Develop an expression that summarizes delivery charges. (Enter your answers as dollar amounts to 2 decimal places (x1-weight, x2 = distance). Omit the "S" sign in your response.) b. Determine the delivery charge for transporting a 37-pound parcel 17 miles. (Do not round your intermediate calculation. Round your answer to 2 decimal places. Omit the "$" sign in your response.)
The delivery charge for transporting a 37-pound parcel 17 miles.
66
What is the delivery charge for transporting ?A delivery fee is the price associated with moving or delivering items. Once more, customers should confirm that shipping fees are included in the price.The store clerk partially paid me for the drawers, which we retained, and she also gave me my shipping fee back.17 cents every mile and 22 cents per pound. A $27 handling fee is further charged every shipment.
a.an expression that summarizes delivery charges.
dollar amounts to 2 decimal places (x1-weight, x2 = distance)
y = $ .22 x1 + $ .17 x2 + $ 27
b.The delivery charge for transporting a 37-pound parcel 17 miles.
66
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which of the following are demographic data that researchers consider when studying population health? multiple select question. age music preferences socioeconomic status geographical location
Sexual orientation, age, and geographical location are the demographic data that researchers consider when studying population health.
What is meant by population health?"The health outcomes of a group of individuals, including the distribution of such outcomes within the group," is the definition given for population health. It is a method of treating illness that strives to make the entire human population healthier. There are three parts, according to one description. These are "health outcomes, patterns of health determinants, and policies and interventions".Instead of focusing on the health of one person at a time, population health refers to the health status and health outcomes within a group of people.The health and health consequences of a specific group of people, such as retired military personnel, are the subject of population health. It focuses on how individuals within particular groups are treated and how the effectiveness and quality of those health outcomes can be increased.Learn more about Population health refer to :
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